Month: February 2019

should the strata treasurer approve invoices?

If you’re looking for the punchline to this question, the answer is YES. And it’s not because you need to protect against questionable behaviour, I recommend that every treasurer should be approving the invoices for the building because they know their building better than almost anyone else. While I agree the strata manager should be […]

Four emotional stages of a strata managers career

While reading through the Tim Ferriss blog, I stumbled across a post that speaks about the rollercoasters of emotions that entrepreneurs endure when they build a successful or unsuccessful business. While reading, I quickly connected the same emotional roller coasters that strata manages experience as they go into the strata industry and manage a portfolio. […]

How best to paint a strata building

Any renovation works needs to have an agreed road forward, ideal timeline and project leader. To outline your project plan try the Purely Apartments Project Planner and plan your projects. TIP # utilise experts early too, define the scope of work, and evaluate tenders. # keep owners updated, including the no news update

Your capital fund interest earning strategy

To optimise your investments and keep your money working for you simple add additional funds to your existing or new term deposit each 90days after your levy is due. Calculate your returns here

Manage your strata utilities

The management of utility usage and utility costs is something that all buildings need to address routinely as technology and markets regular change, and further benefits can be achieved. To review utilities you want to take the following steps Document usage & cost for last couple years Obtain advice or conduct an assessment on reducing […]